Japan's budget black hole : deregulation of the workforce and shortfalls in government revenue / Keiko Shimono.

Format:

Book

Author/Creator:

Shimono, Keiko, 1952- author.

Contributor:

John Lammey Stewart Memorial Library Fund.

Standardized Title:

'Shotoku Zozei' no Keizai Benseki. English

Language:

English

Japanese

Subjects (All):

Political planning--Japan.

Political planning.

Revenue.

Japan.

Fiscal policy--Japan.

Fiscal policy.

Revenue--Japan.

Deregulation--Japan.

Deregulation.

Labor--Japan.

Labor.

Economic history.

Japan--Economic conditions.

Economic conditions.

Physical Description:

xv, 255 pages : illustrations ; 23 cm

Place of Publication:

London : Anthem Press, [2021]

Contents:

Machine generated contents note: 1. The Purpose of This Book

2. The Structure of This Book

3. Things the Reader Should Be Aware of

pt. I Budget Deficits Caused by Tax Cuts, and the Risk of Financial Collapse

ch. One The Causes Of Japan's Government Debt

1. 400 Trillion Yen in Tax Revenue Lost due to Tax Cuts

2. Deficit-Covering Government Bonds and Government Debt

3. Debt-Servicing Costs Weigh Heavily on Annual Expenditure

4. Targeting Social Security Expenditure

ch. Two The Consequences Of A Possible Financial Collapse

1. Bank of Japan's Exposure to Government Bonds and the Risk of Rate Increases

2. The Downgrading of Japanese Government Bonds and the Cheap Yen

3. Japan's Post-war Experience of Financial Collapse and Hyperinflation

ch. Three The Theory Behind This Book: Economic Growth Through Wage Growth And Redistribution

1. The Decline in Economic Growth in Japan and Its Causes

2. Business Cycle and Japan's Stimulus Policies

3. What Did Active Fiscal Stimulus and Monetary Easing Bring?

4. Falling Wages and the Need to Strengthen Redistribution

pt. II How Cuts to Public Services Affect People's Lives

ch. Four Japan's Preference For `Small Government'

1. What Is Government?

2. `Smaller' Government than in the United States

3. Low Expenditure on Social Security and an Emphasis on Self-Help

4. The Choice between `Small Government' and `Big Government'

5. The Structure of Revenue and Expenditure in Japan

ch. Five The Bottlenecks Caused By Cuts To The Public Service And Reductions In Social Security Expenditure

1. Cuts to the Public Service, Increases in the Number of Non-Regular Public Employees, and Reductions in the Social Security Expenditure

2. The Effect on Japanese Society of Having an Inadequately Staffed Public Service

3. Cuts to Social Security Expenditure and the Weakening of the Social Security System

4. Conclusion

pt. III Increasing Income Tax as an Alternative Solution

ch. Six Income Inequality Resulting From Tax Cuts

1. Can a Reduction in Income Inequality Bring about Economic Growth?

2. Small Redistribution Effect of Taxation and Social Security in Japan

3. Income Tax Cuts Favour High-Income Earners

4. Why the Redistribution Effect of Income Tax Has Been Lowered

ch. Seven Enlarging The Tax Base To Ensure A Fair Tax And Social Security Burden

1. Restoring a Sense of Fairness

2. The Need for Personal ID Numbers

3. Enlarging the Tax Base through Curtailing or Abolishing Income Tax Concessions and Special Exemptions

4. Enlarging the Income Tax Base by Abolishing Tax-Exempt Income

5. Simple Trial Calculations when Enlarging the Tax Base.

Notes:

Includes bibliographical references (pages 243-248) and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the John Lammey Stewart Memorial Library Fund.

Other Format:

ebook version :

ISBN:

1785276166

9781785276163

1785276476

9781785276477

OCLC:

1201387410

Publisher Number:

99987981827